Dark transits, shuttle tankers and selective risk-taking suggest Mideast Gulf crude is still moving despite recent crossfire ...
China’s refinery throughputs fell again for June to just 12.38 million barrels per day (51.24 million tons), the fourth straight monthly fall to leave throughputs some 2.7 million b/d below February ...
Higher oil prices, improved refining margins and strong trading results will see BP benefit from side-effects of the US-Iran ...
China’s crude imports of just over 7 million b/d for June were the lowest since 2016. Amid low refinery throughputs, there is ...
China’s falling oil imports signal a strategic shift from securing crude supplies toward managing costs, strengthening energy security, argues Fu Chengyu.
The EU has failed to approve its latest sanctions package targeting Russia, with time running out to freeze the price cap on ...
Chinese July refinery runs are under pressure from heavy refinery turnarounds, but they could still increase from June levels following Beijing's decision to allow more refined products exports and ...
The IEA eased its forecast declines for global oil supply and demand this year as June proved stronger than expected. But ...
Crude and products futures edged lower as tensions in the Mideast Gulf seemed to abate a bit, but still finished well up on ...
Russia’s refining fleet, the third-largest in the world by capacity, can no longer meet domestic demand for transportation fuels due to the growing number of outages caused by Ukrainian drone strikes, ...
With the US and Iran now launching attacks in the Mideast, some refineries are likely to either ramp up runs more slowly than ...
Price-sensitive state refiners have so far only dipped a toe in the spot market to start refilling stocks.
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